Global $150+ Million Automotive Driving Simulator Market Trajectory & Analytics to 2027 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Automotive Driving Simulator – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

Global Automotive Driving Simulator Market to Reach $155.2 Million by 2027

Amid the COVID-19 crisis, the global market for Automotive Driving Simulator estimated at US$126.2 Million in the year 2020, is projected to reach a revised size of US$155.2 Million by 2027, growing at a CAGR of 3% over the analysis period 2020-2027.

Training, one of the segments analyzed in the report, is projected to record a 3.3% CAGR and reach US$40.3 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Entertainment segment is readjusted to a revised 3.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $34.2 Million, While China is Forecast to Grow at 4.8% CAGR

The Automotive Driving Simulator market in the U.S. is estimated at US$34.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$29.9 Million by the year 2027 trailing a CAGR of 4.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.9% and 2.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR.

Research Segment to Record 2.9% CAGR

In the global Research segment, USA, Canada, Japan, China and Europe will drive the 2.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$59.6 Million in the year 2020 will reach a projected size of US$72 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$19.8 Million by the year 2027, while Latin America will expand at a 3% CAGR through the analysis period.

The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Global Competitor Market Shares
• Automotive Driving Simulator Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

• Ansible Motion Limited
• AutoSim AS
• Cruden B.V.
• DALLARA
• ECA Group
• Ipg Automotive GmbH
• Mechanical Simulation Corporation
• Moog, Inc.
• OKTAL S.A.
• Teknotrove Systems (I) Pvt., Ltd.

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

• Automotive Driving Simulator Global Market Estimates and Forecasts in US$ by Region/Country: 2020-2027
• Automotive Driving Simulator Global Retrospective Market Scenario in US$ by Region/Country: 2012-2019
• Automotive Driving Simulator Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
• Training (End-Use) Global Opportunity Assessment in US$ by Region/Country: 2020-2027
• Training (End-Use) Historic Sales Analysis in US$ by Region/Country: 2012-2019
• Training (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027
• Entertainment (End-Use) Worldwide Sales in US$ by Region/Country: 2020-2027
• Entertainment (End-Use) Historic Demand Patterns in US$ by Region/Country: 2012-2019
• Entertainment (End-Use) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027
• Research (End-Use) Global Market Estimates & Forecasts in US$ by Region/Country: 2020-2027
• Research (End-Use) Retrospective Demand Analysis in US$ by Region/Country: 2012-2019
• Research (End-Use) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

• Market Facts & Figures
• Automotive Driving Simulator Market Share (in %) by Company: 2019 & 2025
• Market Analytics
• Automotive Driving Simulator Latent Demand Forecasts in US$ by End-Use: 2020 to 2027
• Automotive Driving Simulator Historic Demand Patterns by End-Use in US$ for 2012-2019
• Automotive Driving Simulator Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027

IV. COMPETITION

Total Companies Profiled: 41

For more information about this report visit https://www.researchandmarkets.com/r/tjcsts

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

[email protected]

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900